Tuesday, December 19, 2023

HDFC Sec sees 8-10% upside for Nifty next year, says mid smallcap rally not over yet

HDFC Sec sees 8-10% upside for Nifty next year, says mid smallcap rally not over yet The brokerage house also said that the market movement will not be linear, especially in the first half of 2024. This is because the bond market is expecting interest rate cuts in Feb-March, much sooner than what Federal Reserve indicated

from Moneycontrol Market Outlook https://ift.tt/k1eDotA

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US equities end lower as valuation concerns creep in

U.S. stocks closed lower on Wednesday as investors took profits amid concerns about high valuations flagged by Fed Chair Powell. The market ...